Effectively Manage Taxes in Retirement
Taxes have always been a confusing topic, especially in retirement. Maybe it’s time we made sense of our taxes so we can be more purposeful with them. In this course, we’ll walk through key aspects of taxes in retirement you need to know about, including:
- Social Security and Medicare “tax traps” to look out for
- How and when to use taxable, tax-deferred, and tax-free assets
- How to organize your assets for your family’s benefit
Learning Objectives
After completing this course, you will be equipped to:
Understand the different kinds of taxes you’ll face at each stage of retirement.
Make a tax plan that anticipates surprises in retirement.
Use strategies for how and when to withdraw from different retirement accounts while easing your tax burden
Your Instructor:
Tim Flick
Tim Flick is the founder of Cornerstone Financial Advisory, LLC, and a Certified Financial Planner™ with over 20 years of experience. He specializes in integrating biblical principles into financial planning and holds the Certified Kingdom Advisor designation. Tim’s passion lies in helping clients achieve their goals with faith-based financial strategies.
How Tax Planning Changes Through the Four Stages of Retirement
- The critical tax question to answer before retirement
- The surprises that make retirement more expensive
- The Social Security “tax trap” and how to avoid it
- How to plan effectively so you can thrive in retirement